Search: interbank overnight rate
RBA Glossary definition for interbank overnight rate
interbank overnight rate – The interbank overnight rate (also known as the cash rate) is the interest rate which banks pay or charge to borrow funds from or lend funds to other banks on an overnight unsecured basis. The Reserve Bank of Australia uses this rate as an operational target for the implementation of monetary policy. The Reserve Bank of Australia calculates and publishes this rate each day on the basis of data collected directly from banks. The interbank overnight rate has been published by the Reserve Bank of Australia since June 1998.
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Australian Money Market Divergence: Arbitrage Opportunity or Illusion?
12 Sep 2019
RDP
PDF
1464KB
persistently deviated from each other, and from overnight cash rate expectations as captured by. ... Note: (a) Discounted variable rates on owner-occupier housing loans; spread to cash rate.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-09.pdf
(un)conventional Policy and the Zero Lower Bound
13 Dec 2012
Research Workshop
PDF
276KB
Reserve Bank of Australia Workshop 2012
https://www.rba.gov.au/publications/workshops/research/2012/pdf/defiori-tristani.pdf
Credit Spreads, Monetary Policy and the Price Puzzle
23 Jan 2020
RDP
PDF
1959KB
rate and the 3-month Australian dollar overnight indexed swap (OIS) rate ( MMtcs ) captures credit. ... risk on the interbank market. However, the OIS rate is also only available from July 2001.
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-01.pdf
Credit and Monetary Policy: An Australian SVAR
30 Sep 2005
RDP
PDF
204KB
Credit is assumed to respond to output, inflation and the overnight cash rate,contemporaneously. ... Nominalofficial cash rate until June 1998, and then the interbank overnight rate (ReserveBank of Australia).
https://www.rba.gov.au/publications/rdp/2005/pdf/rdp2005-06.pdf
Appendix D: Glossary and Data
1 Jun 2000
RDP
2000-05
Prior to August 1996, cash market interbank overnight rate. From August 1996 onwards, cash market 11am call rate. ... Source:. Interest rates: Reserve Bank of Australia Bulletin, Table F.11. For the German repo rate prior to 1999: Datastream, FOOIRGRR.
https://www.rba.gov.au/publications/rdp/2000/2000-05/appendix-d.html
Financial Markets, Institutions and Liquidity | Conference – 2013
19 Aug 2013
Conferences
institutions with higher profitability, higher capital ratios, and fewer problem loans pay lower rates. ... Furthermore, the size and relative importance of the trading institution has a negative impact on the interest rate charged for overnight borrowing
https://www.rba.gov.au/publications/confs/2013/allen-carletti.html
Financial System Liquidity, Asset Prices and Monetary Policy
27 Nov 2006
Conferences
PDF
279KB
RBA Conference Volume 2005
https://www.rba.gov.au/publications/confs/2005/pdf/shin.pdf
Appendix D: Data Sources and Definitions
31 Dec 2003
RDP
2003-12
The nominal cash rate is the quarter average of monthly data for the interbank overnight rate, for the period from July 1998 onwards, and for the 11am call rate, up to ... Constructed from RBA Bulletin Table ‘Advances Classified by Interest Rates’
https://www.rba.gov.au/publications/rdp/2003/2003-12/appendix-d.html
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Limitations on the Effectiveness of Forward Guidance at the Zero Lower Bound
24 Nov 2009
Research Workshop
PDF
338KB
Reserve Bank of Australia Research Workshop 2009
https://www.rba.gov.au/publications/workshops/research/2009/pdf/nelson.pdf
Exchange Rate Movements and the Australian Economy
4 Feb 2015
RDP
PDF
1416KB
To justify the first assumption, we note that short-term movements in the real exchange rate largely reflect changes in nominal exchange rates. ... The inclusion of output, inflation, interest rates and the real exchange rate in the domestic block is
https://www.rba.gov.au/publications/rdp/2014/pdf/rdp2014-11.pdf